Which statement isnot true regarding the impact of small businesses to the U.S. economy?
A) Small businesses are a major source of innovation in the economy.
B) Small businesses lag behind large corporations when it comes to U.S. sales.
C) Small businesses help to counteract the impact of downsizing by larger companies.
D) Small businesses are a major source of jobs to communities across the country.
E) Small businesses are a driving force to the U.S. economy.

Question

Quizplus · Accepted Answer

Small businesses, despite their size, contribute significantly to the U.S. economy through innovation, job creation, and counteracting the effects of downsizing by larger companies. However, due to their size, they generally do not match the sales volume of larger corporations, making statement B the incorrect one as it implies a negative aspect that is actually true.

Which Statement Isnot True Regarding the Impact of Small Businesses